IT Governance

NOVEMBER 3, 2023

Our monthly blogs will provide analysis of the data we’ve collected and we’ll continue to discuss the biggest breaches on our 2023 overview of publicly disclosed data breaches and cyber attacks. This typically included conducting a forensic analysis to establish exactly what happened (often by engaging a third-party specialist).

Data breaches 70

Data breaches Insurance Ransomware Education 70

Schneier on Security

MARCH 26, 2020

Our preliminary analysis suggests the majority of cyber warranties cover the cost of repairing the device alone. Ambiguous definitions of the buyer's obligations and excluded events create uncertainty over what is covered. Our analysis has not touched upon the price of these products.

Marketing 98

Marketing Insurance Risk IT 98

Data Protection Report

JULY 28, 2021

The defendant was a life insurance company and the claimant their insured. With regards to the scope of the data subject access right, the FCJ refers to the legal definition of personal data in Article 4(1) GDPR. In particular, the court held the following: No requirement of “essential biographical information”.

Access 128

Access GDPR Personal data Insurance 128

Security Affairs

NOVEMBER 14, 2022

Add to that, there is the risk of penalties and fines (which are not insurable in most jurisdictions) not only under privacy and data protection regulations but also on the basis of cybersecurity regulations that are now proliferating. Beyond the regulatory reporting requirements, reporting a cyberattack to the public is definitely tricky.

Insurance 138

Insurance Risk Ransomware Encryption 138

Data Matters

SEPTEMBER 3, 2020

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. NAIC Considers Comments to the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act . GCC Template and Instructions.

Insurance 66

Insurance Paper Artificial Intelligence Big data 66

IT Governance

FEBRUARY 15, 2022

Cyber insurance will become more popular and more comprehensive. It’s led to a growing trend for organisations to purchase cyber insurance, which Forbes contributor Emil Sayegh believes will continue in 2022. This market squeeze will certainly affect the cyber insurance industry itself. “We

Security 142

Security Insurance Authentication Passwords 142

Hunton Privacy

JUNE 22, 2020

The amendments to Vermont’s Security Breach Notice Act include expanding the definition of Personally Identifiable Information (“PII”), expanding the definition of a breach to include login credentials and narrowing the permissible circumstances under which substitute notice may be used.

Data breaches 107

Data breaches Privacy Education Data Privacy 107

erwin

FEBRUARY 7, 2019

That’s time needed and better used for data analysis. The banking, financial services and insurance industry typically deals with higher data velocity and tighter regulations than most. Metadata-Driven Automation in the Insurance Industry. Metadata-Driven Automation in the BFSI Industry.

Metadata 96

Metadata Healthcare Insurance Financial Services 96

Data Matters

MAY 9, 2019

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. Other notable revisions include the following: The definition of “Reciprocal Jurisdiction” was broadened to include U.S. This post summarizes the highlights from this meeting.

Insurance 66

Insurance Blockchain Big data Risk 66

The Last Watchdog

MAY 10, 2021

Back in the mid-1990s, big banks and insurance companies came up with something called “bespoke assessments” as the approach for assessing third party vendor risk. I came away from my discussion with Kneip encouraged that the answer is definitely, yes. This took the form of programmatic audits.

Risk 195

Risk Insurance Access Security 195

Collibra

JUNE 1, 2022

Documenting definitions and ownership, certifying data assets, and capturing crowdsourced feedback, so users feel confident in using the data and empowered to make business decisions. . can map code sets for hospital billing to insurance/medicare codes). Source: Foundry , formerly IDG.

Analytics 97

Analytics Government Compliance Metadata 97

Data Matters

DECEMBER 28, 2020

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. NAIC Adopts the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act. Insurance groups will be exempt from filing a GCC if. groups to non-U.S.

Insurance 66

Insurance Paper Risk Analytics 66

Data Matters

SEPTEMBER 4, 2019

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. NAIC Evaluating Definition of “Best Interest” to Determine Whether to Impose Such a Standard in the Suitability in Annuity Transactions Model Regulation.

Insurance 66

Insurance Paper Risk Analytics 66

Data Matters

MAY 6, 2022

Digital health companies should take note of new data privacy and security developments under the Health Insurance Portability and Accountability Act (HIPAA) that can affect product planning and customer negotiations. What is Digital Health? implement stronger authentication solutions, such as multifactor authentication.

Risk 86

Risk Cybersecurity Insurance Authentication 86

IT Governance

FEBRUARY 6, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Only 1 definitely hasn’t had data breached. Publicly disclosed data breaches and cyber attacks: in the spotlight Eye4Fraud database allegedly leaked – 14.9

Data Privacy 71

Data Privacy Privacy Insurance Security 71

Data Matters

AUGUST 24, 2018

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.

Insurance 60

Insurance Big data e-Delivery Risk 60

IT Governance

DECEMBER 5, 2023

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Only 3 definitely haven’t had data breached. Welcome to this week’s round-up of the biggest and most interesting news stories. Organisation name Sector Location Data exfiltrated?

Data Privacy 92

Data Privacy Privacy Manufacturing Retail 92

eSecurity Planet

AUGUST 9, 2022

are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA). Healthcare Data Privacy Laws. Health data and patient data in the U.S.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

Data Matters

DECEMBER 20, 2019

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. NAIC Advances Accreditation Standard Process for Revised Credit for Reinsurance Model Law and Regulation, and Term and Universal Life Insurance Reserve Financing Model Regulation.

Insurance 60

Insurance Risk Artificial Intelligence Privacy 60

Data Matters

DECEMBER 20, 2019

The National Association of Insurance Commissioners (the NAIC) held its Fall 2019 National Meeting (Fall Meeting) in Austin, Texas, from December 7 to 10, 2019. NAIC Advances Accreditation Standard Process for Revised Credit for Reinsurance Model Law and Regulation, and Term and Universal Life Insurance Reserve Financing Model Regulation.

Insurance 60

Insurance Risk Artificial Intelligence Privacy 60

Data Matters

MARCH 28, 2022

Department of Health and Human Service’s Office for Civil Rights (“OCR”) issued industry guidance for Health Insurance Portability and Accountability Act (“HIPAA”) regulated entities to take preventative steps to protect against some of the more common, and often successful, cyber-attack techniques. On March 17, 2022, the U.S.

Cybersecurity 86

Cybersecurity Privacy Insurance Risk 86

erwin

JUNE 27, 2019

Additional challenges, such as increasing regulatory pressures – from the General Data Protection Regulation (GDPR) to the Health Insurance Privacy and Portability Act (HIPPA) – and growing stores of unstructured data also underscore the increasing importance of a data modeling tool. Perform impact analysis.

Unstructured data 81

Unstructured data Metadata Analytics GDPR 81

Data Matters

DECEMBER 23, 2020

Federal Deposit Insurance Corporation (FDIC) approved and the federal banking agencies jointly announced on December 18 a notice of proposed rulemaking, Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers (NPR). Definition of Subject Entities: .

Security 66

Security Cybersecurity Insurance Communications 66

IT Governance

DECEMBER 11, 2023

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Only 3 definitely haven’t had data breached. Incorporated Source (Update) Insurance USA Yes 7,361 Advantis Global, Inc. Organisation name Sector Location Data exfiltrated?

Data Privacy 89

Data Privacy Energy and Utilities Privacy Manufacturing 89

IT Governance

APRIL 9, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Other databases contained health insurance data, such as patents’ names, dates of birth, addresses and medical data. Only 2 definitely haven’t had data breached.

Data Privacy 52

Data Privacy Privacy Security Manufacturing 52

Data Matters

DECEMBER 11, 2018

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data. systemic risk of insurers with other parts of the financial system, notably the banking.

Insurance 66

Insurance Paper Risk Big data 66

eSecurity Planet

MARCH 17, 2023

XDR is often considered an evolution of EDR, moving beyond endpoint data analysis and threat response to look at telemetry data across clouds, applications, servers, third-party resources, and other network components. Many of these tools protect resources connected to networks, thus shutting down threats as early as possible.

Security 120

Security Encryption Analytics Cloud 120

erwin

MARCH 14, 2019

analysis) are now adopting data mapping tools with compliance in mind. Those organizations investing in data mapping tools with compliance as the main driver will definitely want to consider this opportunity and have it influence their decision as to which data mapping tool to adopt. FOUR INDUSTRY FOCUSSED. Therefore, changes (e.g.,

Metadata 81

Metadata GDPR Digital transformation Compliance 81

Data Protection Report

OCTOBER 23, 2024

The regulation includes elements of both the Health Insurance Portability and Accountability Act (HIPAA) and the New York Department of Financial Services (NYDFS) cybersecurity regulation. Therefore, covered hospitals may need to revise their risk analysis and management process to comply with the new regulation.

Cybersecurity 45

Cybersecurity Risk Access Financial Services 45

Hunton Privacy

MAY 24, 2018

The amended law also broadens the definition of personal information and requires regulatory notice and notice to the consumer reporting agencies (“CRAs”) under certain circumstances. Key provisions of the amended law include: Definition of Personal Information.

Data breaches 53

Data breaches Passwords Authentication Insurance 53

HL Chronicle of Data Protection

OCTOBER 8, 2018

Managing the interaction of these new requirements with existing obligations under the Health Insurance Portability and Accountability Act of 1996 (HIPAA), California’s Confidentiality of Medical Information Act (CMIA), and other health privacy laws will continue to be an area of focus in the health privacy community for years to come.

Privacy 45

Privacy Healthcare Sales Insurance 45

IT Governance

JANUARY 23, 2024

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Only 1 definitely hasn’t had data breached. Welcome to this week’s round-up of the biggest and most interesting news stories. Organisation(s) Sector Location Data breached?

Data Privacy 52

Data Privacy Privacy Manufacturing Security 52

Data Matters

APRIL 10, 2020

Here are some of the highlights from the AG’s March 2020 revisions to the proposed regulations: Removal of guidance about the interpretation of CCPA definitions (§ 999.302 in the February 2020 proposed regulations). through their websites) to a particular consumer or household.

Privacy 66

Privacy Sales Insurance Compliance 66

HL Chronicle of Data Protection

OCTOBER 8, 2018

Managing the interaction of these new requirements with existing obligations under the Health Insurance Portability and Accountability Act of 1996 (HIPAA), California’s Confidentiality of Medical Information Act (CMIA), and other health privacy laws will continue to be an area of focus in the health privacy community for years to come.

Privacy 40

Privacy Healthcare Sales Insurance 40

HL Chronicle of Data Protection

OCTOBER 8, 2018

Managing the interaction of these new requirements with existing obligations under the Health Insurance Portability and Accountability Act of 1996 (HIPAA), California’s Confidentiality of Medical Information Act (CMIA), and other health privacy laws will continue to be an area of focus in the health privacy community for years to come.

Privacy 40

Privacy Healthcare Sales Insurance 40

IBM Big Data Hub

JANUARY 22, 2024

The photo will expedite the recovery process and help when filing a police report or a possible claim with your insurance company. This will save all data in memory to a reference file on the device’s hard drive, preserving it for future analysis. Instead, put the affected systems into hibernation.

Ransomware 105

Ransomware Encryption Analytics Data breaches 105

erwin

MARCH 30, 2020

Privately it will come from hospitals, labs, pharmaceutical companies, doctors and private health insurers. These numerous data types and data sources most definitely weren’t designed to work together. Data lineage to support impact analysis. As a result, the data may be compromised, rendering faulty analyses and insights.

Metadata 122

Metadata IT Government Healthcare 122